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NEW YORK/ROUND ROCK, Texas: Dell Inc on Thursday postponed a shareholder vote on CEO Michael Dell's US$24.4 billion (16 billion pounds) buyout offer, after he won 11th-hour backing from several large investors but still fell short of enough votes to seal the deal.
WASHINGTON: The eight biggest US banks will need to hold twice as much equity capital as required globally under a new rule launched by US regulators on Tuesday, intended to protect taxpayers from any future costly bailouts.
WASHINGTON: The eight biggest U.S. banks will need to hold twice as much equity capital as required globally under a new rule launched by U.S. regulators on Tuesday, intended to protect taxpayers from any future costly bailouts.
BOSTON (Reuters) - The Northeastern United States braced on Friday morning for a possibly record-setting blizzard bearing down on the region, which forecasters warned could drop up to 2-1/2 feet (76 cm) of snow and bring travel to a halt.
NEW YORK (Reuters) - MF Global Holdings Ltd was in talks on Sunday with possible buyers with the aim squarely on doing a deal, a person briefed on the matter said, though all options remained on the table as the firm hired restructuring and bankruptcy advisers.